Publications

Anatomy of the Bear

Type
Link
Cost
Paid
Published
2007
Updated
2016
Full Name
Anatomy of the Bear: Lessons from Wall Street's Four Great Bottoms

Anatomy of the Bear lays out the ultimate blueprint to help readers spot the bottom of a bear market. Financial market history is a guide to understanding the future. And using 70,000 articles from the Wall Street Journal, this book examines the four occasions when U.S. equities were particularly cheap from either side of the market bottom. By looking at how markets really did work in these bear-market bottoms, rather than theorizing how they should work, Anatomy of the Bear offers investors a financial field guide to making the best provisions for the future. With this book, readers will begin to understand the features which indicate that a great buying opportunity is emerging.


Table of Contents


Foreword by Merryn Somerset Webb

Preface to the New Edition

Introduction


Part I August 1921

  • The road to August 1921

  • The course of the Dow - 1896-1921

  • Living with the Fed - A whole new ball game (I)

  • Structure of the market in 1921

  • The stock market in 1921

  • The bond market in 1921

  • At the bottom with the bear - Summer 1921

  • Good news and the bear

  • Price stability & the bear

  • Liquidity and the bear

  • The bulls and the bear

  • Bonds and the bear


Part II July 1932

  • The road to July 1932

  • The course of the Dow - 1921-29

  • Living with the Fed - A whole new ball game (II)

  • The course of the Dow - 1929-32

  • Structure of the market in 1932

  • The stock market in 1932

  • The bond market in 1932

  • At the bottom with the bear - Summer 1932

  • Good news and the bear

  • Price stability and the bear

  • Liquidity and the bear

  • The bulls and the bear

  • Bonds and the bear

  • Roosevelt and the bear


Part III June 1949

  • The road to June 1949

  • The course of the Dow - 1932-37

  • The course of the Dow - 1937-42

  • The course of the Dow - 1942-46

  • The course of the Dow - 1946-49

  • Structure of the market in 1949

  • The stock market in 1949

  • The bond market in 1949

  • At the bottom with the bear - Summer 1949

  • Good news and the bear

  • Price stability and the bear

  • Liquidity and the bear

  • The bulls and the bear

  • Bonds and the bear


Part IV August 1982

  • The road to August 1982

  • The course of the Dow - 1949-68

  • The course of the Dow - 1968-82

  • Structure of the market in 1982

  • The stock market in 1982

  • The bond market in 1982

  • At the bottom with the bear - Summer 1982

  • Good news and the bear

  • Price stability and the bear

  • Liquidity and the bear

  • The bulls and the bears

  • Bonds and the bear


Conclusions

- Strategic

- Tactical

- Then and now


Epilogue: Russell Napier, 2007

Bibliography

Table of Figures

Acknowledgements